index page

should I file chpt 13

Date: Thu, 10/11/2012 - 13:31
Submitted by on Thu, 10/11/2012 - 13:31
Posts: 202330
Credits:
[Donate]

Hello
I live in florida and own a house and have a house in ga that has been up for sale for 2 years, I tried to rent it and got bad tenats who are suing me, i have an old double wide in florida that my dad was living in and he has left so i still have to pay the lot rent. I am current in my payments. I am draining my savings account fast. In 2 months I will not be able to make the payments on the house in ga or defend the lawsuit or pay the lease on the double wide. Is chpt 13 a good option?
Thanks


Filing Chapter 13 bankruptcy means you'll have to pay your debt as per the repayment plan served by the bankruptcy court after the complete assessment of your financial situation. It will certainly make your debt payments affordable. You'll be able to get rid of your debts faster and live a completely debt free life.


Submitted by daniel.radcliffe0110 on Thu, 10/11/2012 - 22:44

daniel.radcliffe0110

( Posts: 46 | Credits: )


Quote:

Filing Chapter 13 bankruptcy means you'll have to pay your debt as per the repayment plan served by the bankruptcy court after the complete assessment of your financial situation. It will certainly make your debt payments affordable. You'll be able to get rid of your debts faster and live a completely debt free life.


Are you living at Hogwarts?? Too much butter beer?? Chapter 13 payments can be rough especially since the poster is talking about 3 secured debts which require 100% payback. They will not be living debt free?

Sell the doublewide...that will get rid of the lot rent. Why are the tenants suing you??


Submitted by SOAPLADY on Fri, 10/12/2012 - 06:28

SOAPLADY

( Posts: 17315 | Credits: )